DEBTOR NATION

VIDEOS

Wolf Richter On The Keiser Report
"Debtonomics and the NSA"

Wolf Richter on the Keiser Report
"Where Is The Fear"

Wolf Richter on Max Keiser's "On The Edge" 
"The Pauperization of America"

Wolf Richter on the Keiser Report
"Where the Money Goes to Die"

Clarke and Dawe: European Debt Crisis
Two favorite Australian Comedians

Clarke and Dawe: Quantitative Easing
Big industrial-strength printers, all facing the window

The Fastest Drive Ever Through San Francisco
Don't try to do this yourself
 

humanERROR - by "Frying Dutchman"
Powerful, lyrical appeal to the Japanese. Slams nuke industry, MSM, bureaucrats, and politicians.

Merkel at Wimbledon

 

The German Constitutional Court Rules Against Euro Hysteria 

Chancellor Angela Merkel did the right thing. She left Germany. And Germany is in turmoil. The bailout policies she and her government had pushed through and that parliament had passed just after the EU summit ran into discord, accusations, and threats. Everybody was applying pressure. And the Federal Constitutional Court will now have to decide—and it already made its first decision.  Click to read more ...

 

 

 

Will the Euro Survive This Year? 

The European Stability Mechanism and the fiscal union pact are the two ploys that were supposed to fix the Eurozone debt crisis and save the euro. They were put together in all haste after hectic summits with dog and pony shows designed to soothe edgy markets. Negotiations involved mud-wrestling and extortion. It’s been one heck of a ride. But now they're in the hands of the German Constitutional Court - and there are no good options.  Click to read more ...

 

 

France, Germany, And The Reintroduction of the D-Mark 

Germany and France exist in two different universes, apparently: France, safely ensconced in a Eurozone without bailouts and with nary a debt crisis on the horizon, debates its economic and social model. Germany sees a Eurozone ravaged by a debt crisis with mind-boggling bailout costs and risks that stir up a furor on all sides, and everything is getting questioned, even the euro itself.  Click to read more ...

 

 

 

The Euro Crash Refuses To Go On Vacation 

Finnish Finance Minister Jutta Urpilainen set the scene for the long European summer break when she declared that Finland was a dedicated member of the Eurozone, eager to solve the crisis, but “not at any price”; it wouldn’t agree to take on “collective responsibility for debts and risks of other countries” via a banking union. And if push came to shove: “We are prepared for all scenarios, including abandoning the Euro.”  Click to read more ...

 

 

Rather than solving the Eurozone debt crisis once and for all, the EU summit gummed up the bailout process with controversy in the very country that everyone is counting on to save the Eurozone, Germany—but also elsewhere—and nothing has been resolved. And as before, there’s Greece, inexorably tottering towards its more or less graceful exit from the Eurozone as... “The patience of the public has been exhausted.”  Click to read more ...

 

 

The Big Blink? 

Markets were soaring in Asia, Europe, the US, everywhere. Spanish stocks skyrocketed 5.7% and Greek stocks 7.5%. Let the good times roll. The euro jumped to the highest level in two weeks. Yields on Spanish bonds fell off a cliff, with the 10-year benchmark down from over 7% to 6.38%, the lowest since, well, Monday. A miracle had happened. Chancellor Angela Merkel had blinked. Um, a little bit.   Click to read more ...